The U.S. housing industry is reportedly in recovery mode after struggling for years after the official end of the 2009 recession. And, according to the APM program “Marketplace,” one key demographic group that could fuel the housing recovery now shows signs of re-entering the market as well: people under the age of 35. Last week, we asked how old you were when you purchased your first house.
The results were as follows:
Under 25 27%
40 or older 18%
One reader said, “That may be true overall, but in tight markets like Denver it's hard for young people to afford to rent an apartment, much less finance a home.”
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